Word: timothye
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But that was before U.S. Treasury Secretary Timothy Geithner unveiled his plan to do just that with the toxic debts of U.S. banks. The move has won plaudits on Wall Street and even a knowing nod from Main Street U.S.A., which understands that the plan is a necessary evil. In...
Is the stock market rally over? Up through Thursday's close, stocks were up 21% over two weeks, a gain fueled by positive news from the moribund housing market, an uptick in durable goods orders, and a well received plan from Treasury Secretary Timothy Geithner to clean up the banking...
When he sings, "Why aren't you in the administration?/ Is there some kind of politicking that I don't understand?/I mean, Timothy Geithner is like some little weasel," his voice practically drips with despair - not unlike the despair Krugman recently felt about Tim Geithner's financial plan, come...
Since the first, dramatic interventions into the financial system by the Treasury Department and the Federal Reserve during the collapse of Bear Stearns a year ago, Timothy Geithner has based his approach on one underlying theory. The crisis, the former New York Fed president and now Treasury Secretary believes, is...
The transformation of Treasury Secretary Timothy Geithner will be remembered for its speed and unexpectedness. Just four weeks ago, on the heels of a failed presentation of the Administration's plan to help shore up banks, he was considered indecisive and incompetent. There were calls for him to step down...